Well, I don't have any inside information, of course. But it just closed at CA$18.59 on the TSX, which is about AU$19.05. And it just closed on the NYSE at US$14.30, which is about AU$18.90. (As reported by Yahoo Financial.)
So we are looking at about AU$19.00. My guess is that the first transactions will be a bit higher, and later transactions will be a bit lower than the first. This is based on the observation that, at present, there does not seem to be a huge amount of buying pressure for Kirkland on either the TSX or the NYSE. I don't think there is any need for buyers to rush in on the ASX.
KL on the NYSE is my largest position. So, I am definitely not biased against it.
Cheers, mates! (from sunny California)
KLA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held